Cheap Apartments for Rent in the Hazelwood-Mill Park Neighborhood of Portland, OR from $500 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Hazelwood-Mill Park area of Portland.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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SM Multnomah Manor
1 to 3 Bedroom Apartments

SM Multnomah Manor

9110 NE Hassalo StPortland, OR 97220
  • Utilities Included
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Pine Point Apartments
Studio to 2 Bedroom Apartments

Pine Point Apartments

12025 SE Pine StPortland, OR 97216
Senior Living
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Midland Apartments
1 to 2 Bedroom Apartments

Midland Apartments

2016 SE 122nd AvePortland, OR 97233
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Eastgate Station
1 to 4 Bedroom Apartments

Eastgate Station

100 NE 120th AvePortland, OR 97220
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Crescent Court
Studio to 3 Bedroom Apartments

Crescent Court

11560 SE Division StPortland, OR 97266
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Montavilla
Studio to 3 Bedroom Apartments

The Montavilla

702 NE 87th AvePortland, OR 97220
  • Utilities Included
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Cherry Blossom Estates
1 to 3 Bedroom Apartments

Cherry Blossom Estates

10570 SE Cherry Blossom DrPortland, OR 97216
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The Forest Retreat
1 to 2 Bedroom Apartments

The Forest Retreat

2615-2631 SE 111th AvePortland, OR 97266
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TimberView
Studio to 3 Bedroom Apartments

TimberView

540 NE 99th AvePortland, OR 97220
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Fairway Apartments
1 to 3 Bedroom Apartments

Fairway Apartments

12430-12454 NE Glisan StPortland, OR 97230
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Crown East Apartments
1 to 3 Bedroom Apartments

Crown East Apartments

915 NE 122nd AvePortland, OR 97230
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Ventura Apartments
Studio to 2 Bedroom Apartments

Ventura Apartments

10812 SE Stark StPortland, OR 97216
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Cascade Crossing
1 to 3 Bedroom Apartments

Cascade Crossing

10535 E Burnside StPortland, OR 97216
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Russellville Commons
1 to 3 Bedroom Apartments

Russellville Commons

10320 SE Pine StPortland, OR 97216
Corporate Housing
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2601 SE 111th Ave
2 Bedroom Apartments

2601 SE 111th Ave

2601 SE 111th AvePortland, OR 97266
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Shannon
2 to 3 Bedroom Apartments

Shannon

912-924 NE 91st AvePortland, OR 97220

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

Hazelwood-Mill Park, Portland, OR Local Guide

Cheapest Available Hazelwood-Mill Park Apartments for Rent

 

The cheapest available apartment rental in the Hazelwood-Mill Park area of Portland, OR is a 1 Bed unit found at Pine Point Apartments priced from $562. Buri Building has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Hazelwood-Mill Park apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Pine Point Apartments1x11BR,1BA$562
Buri BuildingStudio SIMStudio,1BA$799
SM Multnomah Manor1X1- 50% HUD1BR,1BA$822
Eastgate Station1x11BR,1BA$905
Crescent CourtStudioStudio,1BA$950
Wy'East PlazastudioStudio,1BA$1,001
Eastgate Apartments1X11BR,1BA$1,095
Douglas Square1 Bedroom1BR,1BA$1,099
Hidden Court ApartmentsOne Bedroom1BR,1BA$1,099
The MontavillaRed AlderStudio,1BA$1,157

Best Value Apartments for Rent in Hazelwood-Mill Park, OR

As of May 28, 2026 the best value apartment in the Hazelwood-Mill Park area is the $1.57 price per square foot 3BR/1.5BA Model at Cape Manor in the in the East Portland neighborhood starting from $1,695. The second greatest value Hazelwood-Mill Park apartment is the 2 Bedroom 1 Bath Model at Lassam Terrace Apartments starting at $1,395 with a $1.47 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Hazelwood-Mill Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cape Manor3BR/1.5BA3BR,1.5BA$1.57
Lassam Terrace Apartments2 Bedroom 1 Bath2BR,1BA$1.47
Rochelle Apartments2 Bedroom, 1 Bath2BR,1BA$1.51
Michael Manor Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.64
Villa d'Shirl-Lee Apartments2 Bedroom2BR,1BA$1.67
SM Multnomah Manor1X1- 50% HUD1BR,1BA$1.03
Gateway ParkOne Bedroom1BR,1BA$1.64
Ash Street2BR/1.0BA2BR,1BA$1.70
Pine Point Apartments1x11BR,1BA$0.81
Eastgate Station1x11BR,1BA$1.39

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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A Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Hazelwood-Mill Park, Portland, OR

Ranked #92

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Hazelwood-Mill Park Apartments

What is a cheap apartment in Hazelwood-Mill Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hazelwood-Mill Park is under $1,157.

What is the price of a cheap apartment in Hazelwood-Mill Park?

The cheapest apartment in Hazelwood-Mill Park is Pine Point Apartments which is listed at $562, while the average apartment in Hazelwood-Mill Park costs $1,772.

What types of apartments are the cheapest in Hazelwood-Mill Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 64 regular apartments in Hazelwood-Mill Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Hazelwood-Mill Park?

Cheap apartments in Hazelwood-Mill Park have an average cost of $518 which is $1,254 cheaper than the average rent for all rentals in Hazelwood-Mill Park.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Written by: Chad Deitchley

Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

decorative image for From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.